# India Inflation Calculator

\$

Result: \$100 in 1999 → \$455.66 in 2024

## Value of \$100 from 1999 to 2024

Updated: September 11, 2024

\$100 in 1999 is equivalent in purchasing power to about \$455.66 today, an increase of \$355.66 over 25 years. The rupee had an average inflation rate of 6.25% per year between 1999 and today, producing a cumulative price increase of 355.66%.

This means that today's prices are 4.56 times as high as average prices since 1999, according to the OECD and the World Bank consumer price index for India. A rupee today only buys 21.946% of what it could buy back then.

The inflation rate in 1999 was 4.67%. The current inflation rate compared to the end of last year is now 4.08%. If this number holds, \$100 today will be equivalent in buying power to \$104.08 next year.

 Cumulative price change 355.66% Average inflation rate 6.25% Converted amount\$100 base \$455.66 Price difference\$100 base \$355.66 CPI in 1999 35.157 CPI in 2024 160.194 Inflation in 1999 4.67% Inflation in 2024 4.08% \$100 in 1999 \$455.66 in 2024

INR inflation since 1999
Annual Rate, the OECD and the World Bank CPI

## Buying power of \$100 in 1999

This chart shows a calculation of buying power equivalence for \$100 in 1999 (price index tracking began in 1957).

For example, if you started with \$100, you would need to end with \$455.66 in order to "adjust" for inflation (sometimes refered to as "beating inflation").

When \$100 is equivalent to \$455.66 over time, that means that the "real value" of a single Indian rupee decreases over time. In other words, a rupee will pay for fewer items at the store.

This effect explains how inflation erodes the value of a rupee over time. By calculating the value in 1999 dollars, the chart below shows how \$100 is worth less over 25 years.

According to the OECD and the World Bank, each of these INR amounts below is equal in terms of what it could buy at the time:

Rupee inflation: 1999-2024
YearRupee ValueInflation Rate
1999\$100.004.67%
2000\$104.014.01%
2001\$107.943.78%
2002\$112.584.30%
2003\$116.863.81%
2004\$121.273.77%
2005\$126.424.25%
2006\$133.745.80%
2007\$142.276.37%
2008\$154.148.35%
2009\$170.9210.88%
2010\$191.4111.99%
2011\$208.378.86%
2012\$227.779.31%
2013\$252.6210.91%
2014\$268.666.35%
2015\$284.445.87%
2016\$298.504.94%
2017\$305.932.49%
2018\$320.804.86%
2019\$345.377.66%
2020\$364.585.56%
2021\$382.414.89%
2022\$404.975.90%
2023\$434.987.41%
2024\$455.664.75%*
* Compared to previous annual rate. Not final. See inflation summary for latest 12-month trailing value.
Click to show 19 more rows

This conversion table shows various other 1999 amounts in today's rupees, based on the 355.66% change in prices:

Conversion: 1999 rupees today
Initial valueEquivalent value
\$1 rupee in 1999\$4.56 rupees today
\$5 rupees in 1999\$22.78 rupees today
\$10 rupees in 1999\$45.57 rupees today
\$50 rupees in 1999\$227.83 rupees today
\$100 rupees in 1999\$455.66 rupees today
\$500 rupees in 1999\$2,278.29 rupees today
\$1,000 rupees in 1999\$4,556.58 rupees today
\$5,000 rupees in 1999\$22,782.91 rupees today
\$10,000 rupees in 1999\$45,565.83 rupees today
\$50,000 rupees in 1999\$227,829.15 rupees today
\$100,000 rupees in 1999\$455,658.29 rupees today
\$500,000 rupees in 1999\$2,278,291.46 rupees today
\$1,000,000 rupees in 1999\$4,556,582.92 rupees today

## How to calculate inflation rate for \$100 since 1999

Our calculations use the following inflation rate formula to calculate the change in value between 1999 and today:

CPI today CPI in 1999
×
1999 INR value
=
Today's value

Then plug in historical CPI values. The Indian CPI was 35.15663 in the year 1999 and 160.1940998279254 in 2024:

160.194099827925435.15663
×
\$100
=
\$455.66

\$100 in 1999 has the same "purchasing power" or "buying power" as \$455.66 in 2024.

To get the total inflation rate for the 25 years between 1999 and 2024, we use the following formula:

CPI in 2024 - CPI in 1999CPI in 1999
×
100
=
Cumulative inflation rate (25 years)

Plugging in the values to this equation, we get:

160.1940998279254 - 35.1566335.15663
×
100
=
356%

## Data source & citation

You may use the following MLA citation for this page: “\$100 in 1999 → 2024 | India Inflation Calculator.” Official Inflation Data, Alioth Finance, 13 Sep. 2024, https://www.officialdata.org/india/inflation/1999?amount=100.

Special thanks to QuickChart for their chart image API, which is used for chart downloads.

in2013dollars.com is a reference website maintained by the Official Data Foundation.

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

 Cumulative price change 355.66% Average inflation rate 6.25% Converted amount\$100 base \$455.66 Price difference\$100 base \$355.66 CPI in 1999 35.157 CPI in 2024 160.194 Inflation in 1999 4.67% Inflation in 2024 4.08% \$100 in 1999 \$455.66 in 2024